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Strategies & Market Trends : Take the Money and Run -- Ignore unavailable to you. Want to Upgrade?


To: Challo Jeregy who wrote (16289)8/28/2002 12:59:31 AM
From: Jorj X Mckie  Read Replies (3) | Respond to of 17639
 
I'm leaning toward a little bounce action tomorrow. But my feel is way off right now.



To: Challo Jeregy who wrote (16289)8/28/2002 1:00:01 AM
From: PuddleGlum  Read Replies (1) | Respond to of 17639
 
Challo-
I don't have a problem with the market going up a tad tomorrow, but for those in the bearish camp we REALLY needed a down day like today. There are strong bullish tendencies out there. CIEN reported some ugly numbers not long ago, and look at how that one is holding up. JDSU has been on a run lately, too.

I'm still looking at this downtrend as one that will lead to good buying opportunities. Stocks that I bought low and sold a bit higher wandered still higher after I sold, and only now are dropping below my sell points. Which doesn't yet bring them appreciably close to their lows. I guess what I'm saying is this, that I'm very nearly regretting some of my sales, and in a real bear one looks back on sales with nothing but warm fuzzies.

Yeah, eom paint job. What SHE said.

pg